Settings8H · net · $10k
Funding arb · Price arb /

PIEVERSE

all PIEVERSE markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0485%/8h= +53.1% APRnext payment +$2.42 per $10,000 · paid last 24h +0.100%
Price spread now: OKX against SunX+0.265%7-day average +0.149% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.134%+$13 on $10k
Price spread, last 4 days (all we have)−0.322%−$32 · spread now +0.265%, 7d avg +0.149%
Together, before fees−0.189%−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and OKX is 0.116% dearer against SunX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.149%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.134% in total (about 7.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX PIEVERSE-USDT1.81070.0100pay 0.0050% / 4h2h 22m$2K$697K20x
ShortOKX PIEVERSE-USDT-SWAP1.81550.0585get 0.0292% / 4h2h 22m$7.2M$17.6M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$101.75
Price spread: +0.265% → +0.149%
$11.57
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
$95.32
Costs to cover
0.180%
Break-even
0.4 days
Slippage unknown: SunX: live order book, 49 min ago; OKX: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 49 min ago495.50 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago2.20 bp22.9 bp −$23135.3 bp −$1,353doesn't fitdoesn't fit

PIEVERSE on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit PIEVERSEUSDT+0.0100%4h1.8135+0.152%$10.9M$10.6M20xas long as short
Gate PIEVERSE_USDT+0.0100%8h1.8118+0.061%$8.3M$3.4M25xas long as short
Variational Omni PIEVERSE+0.0100%4h1.8121+0.075%$48K$11Kas long as short
SunX PIEVERSE-USDTlong+0.0100%4h1.8107long leg$2K$697K20x
Bitget PIEVERSEUSDT+0.0162%4h1.8152+0.246%$3.9M$2.1M10xas long as short
BloFin PIEVERSE-USDT+0.0427%4h1.8143+0.199%$1.1M$2.3M40xas long as short
MEXC PIEVERSE_USDT+0.0462%4h1.8152+0.249%$2.5M$819K20xas long as short
Binance PIEVERSEUSDT+0.0463%4h1.8150+0.237%$21.5M$27.1M20xas long as short
Extended PIEVERSE-USD+0.0464%1h1.8154+0.257%$39K$209K5xas long as short
edgeX PIEVERSEUSDC+0.0483%4h1.8133+0.141%$37K$430K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX PIEVERSE-USDT+0.0554%4h1.8156+0.271%$7.1Mas long as short
OKX PIEVERSE-USDT-SWAPshort+0.0585%4h1.8155+0.265%$7.2M$17.6M20x
Aster PIEVERSEUSDT+0.0689%4h1.8113+0.033%$168K$241K5xas long as short
KuCoin PIEVERSEUSDTM+0.0826%4h1.8118+0.064%$13.8M$2.4M20xas long as short